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individual account

   Also found in: Acronyms 0.09 sec.
individual account
A brokerage account opened in the name of one person. Compare joint account.

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Using the SSN as an individual account number (certain exceptions apply).
While the SEC said it does not require that individual account numbers be disclosed, the agency maintains that ownership names must be made available to prospective investors.
404(c) plan is an individual account plan (generally a profit-sharing, Sec.
 
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